A bill to provide that the Internal Revenue Service may not before July 1, 1987, enforce its regulations relating to the tax treatment of the personal use of vehicles, and for other purposes.

Provides that the Internal Revenue Service, during the moratorium period beginning January 1, 1986, and ending June 30, 1987, may not enforce its regulations relating to the substantiation requirements with respect to deductions for the business use of vehicles. Directs that the determination of any amount includible in gross income with respect to the personal use of an employer-provided vehicle during the moratorium period shall be made without regard to temporary regulations issued by the Secretary of the Treasury.

Prohibits the Secretary, during the moratorium period, from issuing any regulations relating to the substantiation requirements with respect to deductions for the business use of vehicles or with respect to amounts included in income for the personal use of employer-provided vehicles.